WeCommerce Holdings Ltd. Class A (TINY) AI Stock Analysis

• Market Cap: C$255.61M
• Dividend Yield: N/A
• Average Volume (3M): 7.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.41
• Revenue Growth: -4.61%
• EPS Growth: -40.16%
• Country: CA
• Employees: 450
• Sector: Technology
• Sector Strength: 88
• Industry: Asset Management
• EPS (TTM): 0.40
• Shares Outstanding: 29,414,328
• 10 Day Avg. Volume: 7,390
• 30 Day Avg. Volume: 7,349
• PEG Ratio: 0.02
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 1.57
• P/FCF Ratio: 15.74
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.38
• Price Target Upside: -84.12% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 53 Neutral
• Price Target: C$1.00 ▼(-88.49% Downside)

The overall stock score of 53 reflects significant challenges in financial performance, particularly with declining revenue and negative profitability margins. Technical analysis indicates a neutral to slightly bearish trend, while valuation concerns are highlighted by a negative P/E ratio and lack of dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

WeCommerce Holdings Ltd. Class A Business Overview & Revenue Model

Company Description

WeCommerce Holdings Ltd. Class A (TINY) is a company that invests in and operates a portfolio of businesses within the Shopify ecosystem. It focuses on providing a range of services to e-commerce merchants, including themes, apps, and agency services. WeCommerce aims to support online merchants by enhancing their shopping experiences through its diversified suite of digital products and services.

How the Company Makes Money

WeCommerce Holdings Ltd. generates revenue primarily through its portfolio companies, which offer a variety of digital products and services to Shopify merchants. Key revenue streams include theme sales, app subscriptions, and agency fees for custom solutions. The company benefits from the growing e-commerce sector, leveraging its strategic partnerships with Shopify and other e-commerce platforms. Its business model is centered around acquiring and scaling businesses that provide critical tools for online merchants, thereby capturing a share of the expanding digital commerce market.

WeCommerce Holdings Ltd. Class A Financial Statement Overview

Summary

The company faces challenges with declining revenue and negative profitability margins, which are concerning for future growth. The balance sheet is stable with moderate leverage, but the negative return on equity needs attention. Cash flow improvements are a positive aspect, but operational efficiencies need to be enhanced to ensure sustainable growth.

Income Statement

The income statement reveals a challenging financial position with declining revenue growth and negative profit margins in the TTM period. Gross profit margin has decreased from previous years, and the company is experiencing negative EBIT and net profit margins, indicating operational inefficiencies and potential profitability issues.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, suggesting manageable leverage. However, the negative return on equity in the TTM period indicates that the company is not generating sufficient returns on shareholders' equity. The equity ratio is stable, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis indicates a significant improvement in free cash flow growth, which is a positive sign. The operating cash flow to net income ratio is below 1, suggesting that operating cash flows are not fully covering net income. However, the free cash flow to net income ratio is close to 1, indicating efficient cash flow management relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	192.35M	194.23M	185.50M	153.66M	38.58M	21.28M
Gross Profit	118.36M	90.37M	84.39M	47.11M	4.99M	765.98K
EBITDA	17.82M	-3.35M	46.57M	20.73M	12.59M	17.91K
Net Income	-30.40M	-48.68M	13.94M	3.36M	-842.92K	-4.42M
Balance Sheet
Total Assets	524.42M	350.53M	392.64M	168.74M	199.52M	84.79M
Cash, Cash Equivalents and Short-Term Investments	26.72M	22.86M	27.19M	31.20M	27.37M	61.19M
Total Debt	148.45M	117.21M	131.71M	70.95M	60.20M	10.68M
Total Liabilities	251.60M	168.46M	190.08M	129.87M	90.81M	18.82M
Stockholders Equity	213.58M	174.90M	193.88M	28.53M	108.72M	65.97M
Cash Flow
Free Cash Flow	25.99M	19.38M	2.72M	15.59M	5.15M	4.82M
Operating Cash Flow	26.49M	19.90M	3.39M	19.89M	5.36M	4.87M
Investing Cash Flow	-55.14M	-8.42M	-18.51M	-28.53M	-119.45M	-9.29M
Financing Cash Flow	33.87M	-15.27M	11.48M	12.70M	80.71M	62.74M

WeCommerce Holdings Ltd. Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TINY, the sentiment is Positive. The current price of 8.69 is above the 20-day moving average (MA) of 7.66, above the 50-day MA of 7.44, and below the 200-day MA of 8.85, indicating a neutral trend. The MACD of 0.40 indicates Negative momentum. The RSI at 66.94 is Neutral, neither overbought nor oversold. The STOCH value of 78.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TINY.

WeCommerce Holdings Ltd. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCG	71 Outperform	$285.98M	―	-2.17%	―	6.40%	-90.40%
ELC	64 Neutral	$13.46M	3.67	27.26%	―	―	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RS	61 Neutral	C$119.63M	7.88	15.77%	15.83%	―	―
STCK	61 Neutral	C$176.16M	4.14	26.91%	―	350.79%	3577.03%
AIM	58 Neutral	C$293.79M	―	0.07%	―	12.18%	93.30%
TINY	53 Neutral	C$255.61M	―	-14.47%	―	-4.61%	-40.16%

WeCommerce Holdings Ltd. Class A Corporate Events

Tiny Ltd. Achieves Growth with Serato Acquisition and Strong Q2 2025 Results

Tiny Ltd. reported its Q2 2025 financial results, highlighting a 4% increase in revenue and a 22% rise in adjusted EBITDA year-over-year. The acquisition of a majority interest in Serato, a leader in DJ software, marked a significant milestone, enhancing Tiny’s recurring revenue and profitability. The company also noted substantial growth in free cash flow and a decrease in net debt to EBITDA ratio, reflecting its focus on operational excellence and strategic growth. The integration of Apple Music into Serato’s platform and the expansion of Letterboxd’s services further demonstrate Tiny’s commitment to innovation and market expansion.

Tiny Ltd to Release Q2 2025 Financial Results and Host Investor Call

Tiny Ltd announced it will release its Q2 2025 financial results on August 12, 2025, followed by an investor call hosted by CEO Jordan Taub and CFO Mike McKenna. This announcement indicates Tiny’s commitment to transparency and stakeholder engagement, potentially impacting its market perception and investor relations.

Tiny Ltd. Announces Successful 2025 Shareholder Meeting Outcomes

Tiny Ltd. announced the results of its 2025 Annual General and Special Meeting of Shareholders, where all nominated directors were elected, and several key resolutions were passed with overwhelming support. These include the appointment of KPMG LLP as auditor, amendments to the company’s Omnibus Equity Incentive Plan, and authorization for a potential share consolidation. The outcomes of the meeting reflect strong shareholder confidence and are likely to influence Tiny’s strategic direction and operational efficiency.

Tiny Ltd. Reports Strong Q1 2025 Results and Strategic Acquisition

Tiny Ltd. reported its Q1 2025 financial results, highlighting a 6% increase in total revenue to $48.1 million and a significant 63% rise in Adjusted EBITDA to $9.7 million compared to Q1 2024. The company announced the acquisition of a majority interest in Serato, a leader in DJ software, which is expected to boost recurring revenue and support sustainable growth. The integration of operations under CEO Jeremiah Prummer and the launch of new offerings on the Dribbble platform are part of Tiny’s strategic initiatives to drive long-term value for shareholders.

Tiny Ltd. Completes Major Acquisition of Serato

Tiny Ltd. has completed the acquisition of a majority stake in Serato Audio Research Limited for an initial consideration of US$66 million. The acquisition includes a mix of cash and shares, with potential additional payments based on Serato’s future performance. This strategic move strengthens Tiny’s portfolio and positions it for further growth in the technology sector.